Geothermal Energy Market in UK Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Geothermal Energy Companies in the UK and the market is segmented by Application (Power Generation and Direct Heat Utilization).

Geothermal Energy Market in UK Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

UK Geothermal Energy Market Size

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United Kingdom Geothermal Energy Market - Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 1.00 %
Market Concentration Low

Major Players

United Kingdom Geothermal Energy Market Major Players

*Disclaimer: Major Players sorted in no particular order

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UK Geothermal Energy Market Analysis

The United Kingdom Geothermal Energy Market is expected to register a CAGR of greater than 1% during the forecast period.

  • Direct heat utilization is expected to dominate the market during the forecast period.
  • The introduction of favorable government regulations and policies are expected to recover the otherwise untapped huge geothermal potential for low-carbon electricity generation and direct use in cooling and heating. Geothermal energy can generate electricity with less environmental impact and at a lower cost than fossil fuels such as oil and coal.
  • The largely untapped geothermal resources in the United Kingdom have the potential to deliver up to 20% of the country's energy needs in a reliable and sustainable way. By 2050, the country is expected to reach its zero emission target by additional exploitation of geothermal energy and also the UK Government have set aside over EUR 300 million to invest in district heat networks over the next few years. Which are a really important way of bringing it forward providing opportunities in the market. Deep geothermal power is another opportunity to create heat and generate power in the coming future.

UK Geothermal Energy Industry Overview

The United Kingdom geothermal energy market is consolidated. Some of the major key players in the market include Geothermal Engineering Ltd., GT Energy, Eden Geothermal Ltd, Go Geothermal Ltd, and Engie SA.

UK Geothermal Energy Market Leaders

  1. Geothermal Engineering Ltd.

  2. GT Energy

  3. Eden Geothermal Ltd

  4. Go Geothermal Ltd

  5. Engie SA

  6. *Disclaimer: Major Players sorted in no particular order
United Kingdom Geothermal Energy Market-Market Concentration.png
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UK Geothermal Energy Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Installed Capacity and Forecast, in GW, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION & ANALYSIS

  • 5.1 Application
    • 5.1.1 Power Generation
    • 5.1.2 Direct Heat Utilization

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Geothermal Engineering Ltd.
    • 6.3.2 GT Energy
    • 6.3.3 Eden Geothermal Ltd
    • 6.3.4 Go Geothermal Ltd
    • 6.3.5 Engie SA
    • 6.3.6 GI Energy
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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UK Geothermal Energy Industry Segmentation

United Kingdom geothermal energy market report include:

Application Power Generation
Direct Heat Utilization
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UK Geothermal Energy Market Research FAQs

What is the current United Kingdom Geothermal Energy Market size?

The United Kingdom Geothermal Energy Market is projected to register a CAGR of greater than 1% during the forecast period (2025-2030)

Who are the key players in United Kingdom Geothermal Energy Market?

Geothermal Engineering Ltd., GT Energy, Eden Geothermal Ltd, Go Geothermal Ltd and Engie SA are the major companies operating in the United Kingdom Geothermal Energy Market.

What years does this United Kingdom Geothermal Energy Market cover?

The report covers the United Kingdom Geothermal Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United Kingdom Geothermal Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Geothermal Energy in UK Industry Report

Statistics for the 2025 United Kingdom Geothermal Energy market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Kingdom Geothermal Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.